STOCK MARKET BSE NSE

India, Qatar sign 7 agreements

According to one memorandum of understanding, Qatar will invest in India\'s National Investment and Infrastructure Fund.

Published: 05th June 2016 05:12 PM  |   Last Updated: 05th June 2016 05:12 PM   |  A+A-

Mideast Qatar India_Pill

In this Sunday, June 5, 2016 photo released by the Indian Ministry of External Affairs's Twitter Page, Indian Prime Minister Narendra Modi, left, talks with Emir of Qatar Sheikh Tamim bin Hamad Al Thani, in Doha, Qatar. |AP

By IANS

DOHA: India and Qatar on Sunday signed seven agreements, including on investment and tourism promotion, following delegation level talks headed by Prime Minister Narendra Modi and Qatar Emir Tamim Bin Hamad Al Thani here.

“From investments to skills, health to tourism, leaders witness signing of agreements to strengthen India-Qatar ties,” External Affairs Ministry spokesperson Vikas Swarup tweeted.

According to one memorandum of understanding (MoU), Qatar will invest in India's National Investment and Infrastructure Fund (NIIF).

The government had set set up the Rs 40,000-crore NIIF last year for enhancing infrastructure financing in India.

Another MoU was signed between India's Ministry of Skill Development and Entrepreneurship, and Qatar's National Qualifications Authority/Supreme Educational Council, on cooperation in skill development and recognition of qualifications.

A third MoU calls for Cooperation in tourism between the two countries.

Another MoU was signed on cooperation between India and Qatar in the field of health.

A fifth MoU was signed between Finance Intelligence Unit-India (FIU-IND) and the Qatar Financial Information Unit (QFIU).

An agreement was signed on cooperation and mutual assistance in customs matters.

A first executive programme for MoU in the field of youth and sports between the two countries was also signed.

Ahead of Sunday's delegation level talks, Modi was accorded a ceremonial welcome at the Emiri Diwan here.

Modi's is the first prime ministerial visit from India to energy-rich Qatar since the then Prime Minister Manmohan Singh's in 2008.

This is Modi's third visit to a GCC country. He visited the United Arab Emirates and Saudi Arabia earlier.

Earlier on Sunday, Modi attended a meeting of Qatari business leaders and invited them to invest in India.

Modi will also interact with the Indian community here later in the day. Qatar is home to around 630,000 expatriate Indians -- comprising the single largest group of migrants in Qatar.

The Prime Minister, who arrived here on Saturday from Afghanistan on the second leg of his five-nation tour, visited a health camp organised for Indian workers here soon after his arrival.

He was later hosted for dinner by Qatari Prime Minister Abdullah Biv Nasser bin Khalifa Al Thani.

On Sunday evening, Modi will depart for Switzerland on the third leg of his tour that will also take him to the US and Mexico.

Stay up to date on all the latest World news with The New Indian Express App. Download now

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp